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The Federal Motor Carrier Safety Administration recently announced that the 2020 Trucking Safety Summit will be held virtually on August 5, 2020. The meeting’s focus will be to finding ways to improve the safe operation of commercial motor vehicles on the nation’s roadways. ...
(Bloomberg) -- The euro opened the week on the backfoot after negotiations over the European Union’s shared debt recovery plan continued to drag on.EU leaders have yet to agree terms on a deal that would offer 700 billion euros ($800 billion) to countries most impacted by the coronavirus, after talks ran into a third day. Though expectations for an agreement over the weekend were fairly low, the delay keeps open the prospect of the plan being watered down.The euro fell as much as 0.2% against the dollar to $1.1408 in early Sydney trade on Monday. The greenback also strengthened against most other Group-of-10 peers.A larger euro sell-off is likely to be avoided “thanks to the expectations management,” said Jordan Rochester, an analyst at Nomura International Plc. On Friday, Dutch prime minister Mark Rutte said he saw the chances of a deal being reached over the weekend at less than 50%, while...
Biotech stocks advanced in the week ended July 17 thanks to positive broader market sentiment, encouraging news flow on the COVID-19 front and fairly positive results reported by pharma giant Johnson & Johnson (NYSE: JNJ).Equillium Inc (NASDAQ: EQ) was among the biggest gainers of the week after a drug that it licensed from Biocon was granted emergency use authorization in India for treating cytokine release syndrome in COVID-19 patients with moderate to severe acute respiratory distress syndrome.Moderna Inc (NASDAQ: MRNA) advanced in all five sessions of the week, with detailed interim Phase 1 data publication, positive sell-side commentary and news of inclusion in the Nasdaq 100 Index serving as catalysts.View more earnings on JAZZThe following are key catalysts in the unfolding week.Conferences Galactosemia Foundation 2020 Virtual Conference, July 17-19PDUFA Dates The FDA is set to rule on Jazz Pharmaceuticals PLC's (NASDAQ: JAZZ) NDA for JZP-258, which is being evaluated as a...
Journal Editorial Report: Paul Gigot interviews Michael Pillsbury. Image: Anthony Kwan/Getty Images...
Journal Editorial Report: The tensions over reopening in the fall. Image: Octavio Jones/Getty Images...
Shares of Nikola Corporation (NASDAQ: NKLA) traded sharply lower Friday afternoon as the SEC released news of Nikola offering 23,890,000 common shares.The company's shares were already down almost 20% on the month before news of the offering hit. > "This prospectus relates to the issuance by us of up to an aggregate of up to 23,890,000 shares of our common stock, $0.0001 par value per share ("Common Stock"), which consists of (i) up to 890,000 shares of Common Stock that are issuable upon the exercise of 890,000 warrants (the "Private Warrants") originally issued in a private placement in connection with the initial public offering of VectoIQ and (ii) up to 23,000,000 shares of Common Stock that are issuable upon the exercise of 23,000,000 warrants (the "Public Warrants" and, together with the Private Warrants, the "Warrants") originally issued in the initial public offering of VectoIQ. We will receive the proceeds from any...
